Klyma Certification: Klyma certification is a tiered certification system provided to companies and producers. It rewards honest offset producers and rewards businesses for achieving carbon offset goals.
KLM: The KLM token is that native asset for the Klyma ecosystem. The KLM token is not pegged to a quantity of carbon. It is strictly a bridge currency free to appreciate apart from the price of carbon. KLM is an ERC20 token.
KIM: KIM is to KLM as Satoshis are to Bitcoin. 1 KLM is comprised of 100,000,000 (100 Million) KIM.
NFCO: Non-Fungible Carbon Offset is how Klyma transfers the value of carbon. It carries the information, including project name, project type, vintage, duration, country and registry of origin.
Project Developers: Project developers are the organizations that are sequestering or capturing carbon through various means. Klyma will register project developers with the Klyma Protocol based on a merit system.
Klyma will allow coalescence of credits from the legacy system; however, they will also have to go through verification nodes before being converted to an NFCO. We expect this kind of route to quickly become obsolete in the new carbon economy as Klyma refines Ai report comparison with onsite hardware and satellite imaging.
Hardware Bounty: To create the infrastructure necessary for the new carbon economy, Klyma will provide bounties for the creation of software and hardware directed at the tracking and verification of carbon offsets. The bounties will include an initial payment upon delivery of effective hardware, software and or neural network based on the requirements stated in the Bounty. Additional royalty will be rewarded for the duration of the use of to the bounty winner.
Verifier Nodes: Verifier nodes verify carbon credits as they are bonded to an NFCO. Verifier nodes are both autonomous and manual, passive and active and will utilize smart contracts, hardware, software, satellite imaging and Ai. Stakers who meet the KLM stake requirement can opt in to become a Verifier Node which directs their stake at the operating costs of verifier nodes. These stakers who opt into this will receive additional KLM bonuses on top of regular staking returns and bonuses.
Staking: Market participants can lock up their KLM for a set period (1-5555) days. This utilizes a rebasing mechanism converting KLM to KLMC or Klyma Commitment. KLM to KLMC begins at 1 : 1 KIM to KLMC or 1 : 100,000,000 KLM to KLMC.
